Patrick Trucchio's questions to NRX Pharmaceuticals (NRXP) leadership • Q2 2025
Question
Patrick Trucchio of H.C. Wainwright & Co. asked about the citizen petition on benzethonium chloride, including the FDA response timeline and potential revenue impact. He also inquired about the FDA's view on real-world data for NRX-100 and the potential synergy between NRX-101 and TMS therapy.
Answer
CEO Jonathan Javitt explained the FDA has six months to respond to the petition, and a favorable outcome could give NRXP a substantial share of the $750M generic ketamine market. He stated that the large real-world dataset should strengthen the NRX-100 application and discussed a potential label expansion for NRX-101 to be used with TMS, citing a study showing it enhanced TMS efficacy.